Vistra saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 96.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Vistra is currently extended beyond a proper buy zone after clearing the 107.24 entry in a consolidation.
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One weak spot is the company's 48 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
In Q3, the company reported 326% earnings-per-share growth. Sales growth climbed 54%, up from 21% in the prior report. That marks two consecutive reports with rising growth.
Vistra holds the No. 2 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR is the top-ranked stock within the group.
